Solve the problem.During a five-year period, a company doubles its profits each year. If the profits at the end of the fifth year are $176,000, then what are the profits for each of the first four years?

A. $12,000, $24,000, $48,000, $94,000
B. $11,000, $22,000, $44,000, $88,000
C. $11,000, $22,000, $44,000, $110,000
D. $11,000, $22,000, $33,000, $44,000


Answer: B

Mathematics

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